Oakbridge’s Capital Taxation Law and Practice by P V Srinivasan 1st Edition 2025

Oakbridge’s Capital Taxation Law and Practice by P V Srinivasan 1st Edition 2025

Oakbridge’s Capital Taxation Law and Practice by P V Srinivasan 1st Edition 2025

Taxation of capital is older than the taxation of income. While the income of a fiscal year is often seen as an increase in wealth, capital taxation has sparked more controversy than other types of tax. Meagre revenue yields, the subjective base of the levy, unpredictability of the event of taxation are a few reasons for its repeated repeal and reintroduction. This is in addition to the traditional concerns of tax avoidance and a plethora of exemptions that are more pronounced in capital taxation. Nevertheless, several countries have capital taxation currently in force.

This book is divided into two parts, Part A deals with the genres of capital taxation, their salient features, the history and evolution of wealth transfer tax, and the design principles; and Part B covers capital taxation regimes in some of the other countries. Policymakers, academicians, tax practitioners, and high net worth individuals are sure to find the book handy.

Content of the book is as follows –

Part A Capital Taxation: Components, Design and History

• Wealth Taxation
• Maxims of Wealth Taxation
• Capital Gains Tax
• Income Tax on Property Received
• Gift Tax
• Inter-generational Wealth Transfers and Inheritance Tax
• History of Wealth Transfer Tax
• Legislative Power of Wealth Transfer Tax
• Estate Duty vs Inheritance Tax
• Wealth Transfer Tax
• Design of Wealth Transfer Tax
• Net Wealth Tax

Part B Country Practices on Inheritance Tax

• Introduction
• Belgium
• Denmark
• France
• Germany
• Ireland
• Italy
• Japan
• Netherlands
• Philippines
• Switzerland
• United Kingdom
• United States of America

About the Author –

P V Srinivasan is a Chartered Accountant by qualification and a Member of ICAI. He is engaged as a corporate advisor, advising leading business houses on global taxation and corporate law matters. He has over 33 years of hands-on experience in manufacturing and information technology industries with regard to corporate tax compliances across tax jurisdictions including the US, Europe, India and Asia-Pacific, Latin America and Africa. He headed the Corporate Tax function at Wipro, Bangalore for over 18 years.